Edited by Francesca Spigarelli, Full Professor of Applied Economics, Lorenzo Compagnucci, Associate Professor of Applied Economics, Department of Law, University of Macerata and Dominique Lepore, Assistant Professor of Applied Economics, Department of Economics, Statistics and Business, Universitas Mercatorum, Italy

• ContentsIntroduction to A Modern Guide to Industrial Economics 1Francesca Spigarelli, Lorenzo Compagnucci and Dominique LeporePART 1 NEW PERSPECTIVES ON INDUSTRIAL ECONOMICS2 Industrial policy for a just structural change 11Marco R. Di Tommaso, Elisa Barbieri and Lauretta Rubini3 European industrial policy: promoting innovation ecosystemsand safeguarding open strategic autonomy 25Francesca Spigarelli, Lorenzo Compagnucci and DominiqueLepore4 American industrial policy: the rebirth of governmentintervention 45John McIntyre and James Hoadley5 Technological change, industrial policies and innovation 64Claudio Petti6 Resilience-by-design: from Vietnam’s transformation to atheory of adaptive development 85Tung X. BuiPART 2 ACTORS, PLACES AND INDUSTRIES: INDUSTRIALPOLICIES IN ACTION7 The economic function of knowledge brokers: the Europeanexperience of digital innovation hubs 110Alessandra Costa, Antonio Crupi, Dominique Lepore andLuca Marinelli8 Entrepreneurship, innovation, and industrial dynamics inItaly: evidence from the Global Entrepreneurship MonitorItalia 2024-2025 Report 124Giusy Sica, Chiara Spiniello, Alessandra Micozzi and Maria Palazzo9 Blockchain technology in supply chains: embracingopportunities, breaking barriers and shaping policies 149Valentina Giannini, Donato Iacobucci and Martina Orci10 From industry trends to firm practice: a case study of smart-system integration in the digitalizing yacht sector 173Attilio Mucelli11 Britain’s industrial strategies and ports 191David Styan12 The role of management practices and open eco-innovation inthe grain-water-energy nexus 215Daiane Antonini Bortoluzzi, Rogério João Lunkes, JanuárioJosé Monteiro and Fabricia Silva da Rosa13 The new industrial economics: insights into China’ssemiconductor industry 243Gianluca Sampaolo14 Navigating the silicon divide: East Asian industrial responsesto the US–China semiconductor rivalry 262Yongshin Kim15 Revival of Japan’s industrial policy and its implications foreconomic security 281Hideyuki Miura16 The co-evolution of industrial policies and ecosystems ofChina’s new energy vehicle industry 304Hua Wang, Wei Zhao and Chuanjuan Wu

‘Industrial policy has shifted ‘from episodic intervention to a structural feature of modern economic governance’—and this book is the definitive guide to that transformation. A rigorous yet accessible tour of modern industrial economics, it equips policymakers and scholars with the frameworks to understand and shape today’s complex industrial landscape.’

Edited by Francesca Spigarelli, Full Professor of Applied Economics, Lorenzo Compagnucci, Associate Professor of Applied Economics, Department of Law, University of Macerata and Dominique Lepore, Assistant Professor of Applied Economics, Department of Economics, Statistics and Business, Universitas Mercatorum, Italy

• ContentsIntroduction to A Modern Guide to Industrial Economics 1Francesca Spigarelli, Lorenzo Compagnucci and Dominique LeporePART 1 NEW PERSPECTIVES ON INDUSTRIAL ECONOMICS2 Industrial policy for a just structural change 11Marco R. Di Tommaso, Elisa Barbieri and Lauretta Rubini3 European industrial policy: promoting innovation ecosystemsand safeguarding open strategic autonomy 25Francesca Spigarelli, Lorenzo Compagnucci and DominiqueLepore4 American industrial policy: the rebirth of governmentintervention 45John McIntyre and James Hoadley5 Technological change, industrial policies and innovation 64Claudio Petti6 Resilience-by-design: from Vietnam’s transformation to atheory of adaptive development 85Tung X. BuiPART 2 ACTORS, PLACES AND INDUSTRIES: INDUSTRIALPOLICIES IN ACTION7 The economic function of knowledge brokers: the Europeanexperience of digital innovation hubs 110Alessandra Costa, Antonio Crupi, Dominique Lepore andLuca Marinelli8 Entrepreneurship, innovation, and industrial dynamics inItaly: evidence from the Global Entrepreneurship MonitorItalia 2024-2025 Report 124Giusy Sica, Chiara Spiniello, Alessandra Micozzi and Maria Palazzo9 Blockchain technology in supply chains: embracingopportunities, breaking barriers and shaping policies 149Valentina Giannini, Donato Iacobucci and Martina Orci10 From industry trends to firm practice: a case study of smart-system integration in the digitalizing yacht sector 173Attilio Mucelli11 Britain’s industrial strategies and ports 191David Styan12 The role of management practices and open eco-innovation inthe grain-water-energy nexus 215Daiane Antonini Bortoluzzi, Rogério João Lunkes, JanuárioJosé Monteiro and Fabricia Silva da Rosa13 The new industrial economics: insights into China’ssemiconductor industry 243Gianluca Sampaolo14 Navigating the silicon divide: East Asian industrial responsesto the US–China semiconductor rivalry 262Yongshin Kim15 Revival of Japan’s industrial policy and its implications foreconomic security 281Hideyuki Miura16 The co-evolution of industrial policies and ecosystems ofChina’s new energy vehicle industry 304Hua Wang, Wei Zhao and Chuanjuan Wu

‘Industrial policy has shifted ‘from episodic intervention to a structural feature of modern economic governance’—and this book is the definitive guide to that transformation. A rigorous yet accessible tour of modern industrial economics, it equips policymakers and scholars with the frameworks to understand and shape today’s complex industrial landscape.’

Edited by Francesca Spigarelli, Full Professor of Applied Economics, Lorenzo Compagnucci, Associate Professor of Applied Economics, Department of Law, University of Macerata and Dominique Lepore, Assistant Professor of Applied Economics, Department of Economics, Statistics and Business, Universitas Mercatorum, Italy

• ContentsIntroduction to A Modern Guide to Industrial Economics 1Francesca Spigarelli, Lorenzo Compagnucci and Dominique LeporePART 1 NEW PERSPECTIVES ON INDUSTRIAL ECONOMICS2 Industrial policy for a just structural change 11Marco R. Di Tommaso, Elisa Barbieri and Lauretta Rubini3 European industrial policy: promoting innovation ecosystemsand safeguarding open strategic autonomy 25Francesca Spigarelli, Lorenzo Compagnucci and DominiqueLepore4 American industrial policy: the rebirth of governmentintervention 45John McIntyre and James Hoadley5 Technological change, industrial policies and innovation 64Claudio Petti6 Resilience-by-design: from Vietnam’s transformation to atheory of adaptive development 85Tung X. BuiPART 2 ACTORS, PLACES AND INDUSTRIES: INDUSTRIALPOLICIES IN ACTION7 The economic function of knowledge brokers: the Europeanexperience of digital innovation hubs 110Alessandra Costa, Antonio Crupi, Dominique Lepore andLuca Marinelli8 Entrepreneurship, innovation, and industrial dynamics inItaly: evidence from the Global Entrepreneurship MonitorItalia 2024-2025 Report 124Giusy Sica, Chiara Spiniello, Alessandra Micozzi and Maria Palazzo9 Blockchain technology in supply chains: embracingopportunities, breaking barriers and shaping policies 149Valentina Giannini, Donato Iacobucci and Martina Orci10 From industry trends to firm practice: a case study of smart-system integration in the digitalizing yacht sector 173Attilio Mucelli11 Britain’s industrial strategies and ports 191David Styan12 The role of management practices and open eco-innovation inthe grain-water-energy nexus 215Daiane Antonini Bortoluzzi, Rogério João Lunkes, JanuárioJosé Monteiro and Fabricia Silva da Rosa13 The new industrial economics: insights into China’ssemiconductor industry 243Gianluca Sampaolo14 Navigating the silicon divide: East Asian industrial responsesto the US–China semiconductor rivalry 262Yongshin Kim15 Revival of Japan’s industrial policy and its implications foreconomic security 281Hideyuki Miura16 The co-evolution of industrial policies and ecosystems ofChina’s new energy vehicle industry 304Hua Wang, Wei Zhao and Chuanjuan Wu

‘Industrial policy has shifted ‘from episodic intervention to a structural feature of modern economic governance’—and this book is the definitive guide to that transformation. A rigorous yet accessible tour of modern industrial economics, it equips policymakers and scholars with the frameworks to understand and shape today’s complex industrial landscape.’